Market and product
Zinc down 0.7% on global cues
At the Multi Commodity Exchange, zinc for delivery in August declined by 95 paise, or 0.67%, to Rs 141.50 per kg in business turnover of 1,035 lots.
Likewise, the metal for delivery in September shed 80 paise, or 0.56%, to Rs 142.40 per kg in 61 lots.
Meanwhile, at the London Metal Exchange (LME) zinc retreated as much as 0.5% to USD 2,319 per metric tonne.
Analysts said the decline in zinc at futures trade was mostly attributed to weakness in copper and other base metals at the LME.
